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The #crypto market rose to $1.04 Trillion (4.2%) today. Here's why 👇

JUST IN: 🇮🇷 Iran approves the use of #Bitcoin and #cryptocurrency for imports and trading goods.

There's worry of looming mass Bored Ape NFT liquidations as plunging prices puts loans in peril. @elitanjourno reports trib.al/dU3zu3A

JUST IN: 26,370 $BTC ($560 million) has been taken off exchanges in the past 24 hours.

USA’s Top-10 charts are here again! 🇺🇸 $BTC takes the crown this week with $OP and $ETH rounding up the Top-3! Any of these in your bag? 👀 coingecko.com/en/discover

SCOOP: Customers who held cryptocurrency in custody accounts at @CelsiusNetwork, the now-bankrupt trading and lending firm, have banded together and hired legal counsel in a bid to get their money back. @IanAllison123 reports. trib.al/9T7zZuw

.@SECGov is reportedly probing crypto exchange @Coinbase on suspicion it allowed U.S. persons to trade unregistered securities. bit.ly/3zsKEen

JUST IN: 🇺🇸 US senators propose a bill that would exempt #crypto transactions under $50 from taxes.

🇮🇳 India’s Finance Minister says the country’s central bank wants to ban all cryptocurrencies.

Dubai Unveils Metaverse Strategy, Aims to Attract Over 1,000 Firms coindesk.com/policy/2022/07… via @coindesk

Airdrop Strategy #25: BullTrapMonday 🎯 Thread: a new strategy involving 5 no-token protocols that could potentially make an airdrop: @ChainHopDEX, @overnight_fi, @lifiprotocol, @aztecnetwork, @VovoFinance 5Birds1Stone: 5 token-less birds to explore! Take a look 🧵👇

Stablecoins have become the backbone of DeFi, with nearly $150B in cumulative market cap. Of this, over 97% are in collateralized stablecoins while the remaining portion is made up of their undercollateralized counterparts. What is your stablecoin of choice?

.@CelsiusNetwork has outlined its next steps as it heads into court for its bankruptcy proceedings. Reporting by @oknightcrypto trib.al/lNMjG1z

GameStop Opens Ethereum NFT Marketplace Following Company-Wide Layoffs ► decrypt.co/104881/gamesto… decrypt.co/104881/gamesto…

.@aztecnetwork announced the mainnet launch of Aztec Connect, a bridge that offers a privacy shield for Ethereum’s decentralized finance ecosystem. @BrandyBetz reports trib.al/S4diEun

JUST IN: FTX CEO Sam Bankman-Fried says the exchange has over $2 billion they could use in #crypto industry deals, if needed.

.@federalreserve, inflation, unemployment and contagion in the crypto market are the big buckets pushing the markets around, @tradethechain's @nickcini says. "July may spell more bearishness based on the overhang we're currently facing." Watch more: coindesk.com/video/recent-v…